The Daily Buyout
UndisclosedPrivate equity buyoutTechnologyCompleted

Aurora Capital Partners buys Softdocs, an education and government software provider

Middle-market private equity firm Aurora Capital Partners acquired Softdocs, a provider of cloud-based enterprise content management and workflow automation software purpose-built for higher education, K-12 and government institutions. Aurora partner Rob Fraser cited Softdocs' strong market position and specialized expertise, with plans to accelerate new capabilities and expand reach. CEO Adam Park will continue leading the company. Financial terms were not disclosed.

Why it matters: Public-sector software remains a favorite PE hunting ground for its recurring revenue and stubbornly slow modernization cycles.

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